Himank Sharma And Rupam Jain

Stories by Himank Sharma And Rupam Jain

RBI acts tough on offshore FX trading on the internet

Rediff.com 18 Sep 2013

The RBI cracked down on offshore foreign exchange trading by Indians through online trading websites.

Rupee sinks to new low of 68.85, logs biggest single-day loss

Rediff.com 28 Aug 2013

The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.

Regulators toughen rules on FX derivatives to curb Re fall

Rediff.com 9 Jul 2013

RBI banned banks from proprietary trading and Sebi doubled the margin requirement on the domestic dollar-rupee forward trade.

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